Sony's Game Division Up 64% Thanks To PS4 Launch

Sony is selling off its PC division, but its game sector is doing
well.

The company's third-quarter
results (PDF) reveal that it made 442 billion yen ($4.3
billion), which is a 64% increase over the 268.5 billion yen it
made the year before.

The boost in revenue was because of the launch of the PlayStation
4, but also because of a depreciation in the value of yen. Had it
remained consistent, there would have still been a 33% increase.

It was partially offset by decreased sales of the PS3.

The gaming division's operating income increased 13.4 billion yen
to 18 billion yen ($172 million). According to the company this
was based on the increase in sales and the favorable impact of
the exchange rates, but was partially offset by increased costs
related to launching the PS4.